Lavallette Capital
Lavallette Capital is a direct hard money lender serving investors/borrowers in New Jersey. •Loans range from to •Proceeds available for property acquisition as well as repair and renovation •1st lien on the mortgaged property to be purchased or refinanced •Terms typically up to 1 year; longer terms considered on a case by case basis •Non-owner occupied properties only •Rates ranging from 14-15% p.a. with 4-5% upfront •Advance rates up to 90% of property acquisition cost, typically up to 65% of after-repair value •Efficient & streamlined closing •Flexible construction draws process Lavallette Capital also provides capital advisory services to the specialty finance industry.
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